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This is a question Waste of money

I once paid a small fortune to a solicitor in a legal case. She got lost on the way to court, turned up late with the wrong papers and started an argument with the judge, who told her to "shut up, for the love of God". A stunning investment.

Thanks to golddust for the suggestion

(, Thu 30 Sep 2010, 12:45)
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Houses
I bought my first house in 1991. I even got one of those snazzy endowment mortgages to pay for it. I moved in 1995 to a nicer, larger house in a pretty little village, and made exactly 0 on the sale of my first house. My new house had a crap boiler which I ended up spending loads of money on. I moved away but kept the house on for a while, renting it out, and losing any profit I made to the rental agency, since I wasn't in the country. I sold that house in about 1999, again making precisely 0 on the sale.

Everyone keeps telling me how their house is now worth 20 times more than they paid for it. Makes me sick.
(, Thu 30 Sep 2010, 13:39, 1 reply)
I did better
...but not by much.

We bought our first house in 92, at the bottom of the market. Ex-council, but a nice area. Unfortunately, as the market rose during the 90s, the area went down. Eventually we were living with a hammer and a bucket of sand by the front door, there had been 2 murders and 7 GBHs within 200 yards in a year, and so we found another ex-council, fairly shitty, but solid and in a village where there were precisely 3 criminals.

My Dad asked me on the day of the move how much we'd made on the sale.

"Five, Dad".

"What, five grand? That's not a lot in seven years".

"No. Five pounds".

1992 = £29,995. 1999 = £30,000
(, Thu 30 Sep 2010, 14:53, closed)

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